Switzerland invests CHF 50 million in projects by its companies in Ukraine

Switzerland invests CHF 50 million in projects by its companies in Ukraine

Ukraine and Switzerland have signed a Memorandum of Understanding that will serve as the basis for Swiss private sector involvement in Ukraine’s reconstruction and recovery projects.

Under the Memorandum, the State Secretariat for Economic Affairs (SECO) will provide CHF 50 million to finance projects implemented by Swiss companies operating in Ukraine. This funding will focus on key sectors of the economy where Swiss companies are present and which are in line with the strategic priorities of the Ukrainian government. 

The selection process for these projects will start at the end of January 2025. With project implementation scheduled for July 2025, the governments of Ukraine, SECO and the Swiss Embassy in Ukraine will work together to identify the best proposals based on pre-defined criteria. 

The memorandum also paves the way for the future signing of an agreement between the governments of Switzerland and Ukraine on technical and financial cooperation on public projects within the Unified Public Investment Portfolio approved by the Strategic Investment Council.

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